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Im kind of confused, I usaully dont use paypal to recieve funds that much.
But I am recieving around $400-500 in a day or two, and I was googling paypal issues, and what came up a lot was limited paypal accounts, I did read the TOS and unstand it, but I am still confused about some stuff.
Do you guys limit accounts if they recieve a large amount of money?
If you are limited, can you still use your balance via paypal ? (like online payments and shipping through newegg)
I am also not verified, but I live in USA will this be an issue?
also how do i check what my recieving money limit is on paypal?
Thanks, Blake
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Likely yes. Note if you're receiving payments in this fashion e.g. The buyer went to send money and selected goods under the Purchase section you maybe required to provide a tracking number if any. Also note PayPal will "randomly" claim to limit your account if you've started to receive excess or numerous payments on a irregular basis and/or if you've changed your Website address(if you had one) or other information pertaining to your business. PayPal refers to this as "generating an account review".
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Normally if your account's been limited it's because
1. You're not Verified, you can recieve up to a given amount of money before PayPal places a limit on your account. This only to verify your idenity. To resolve this just call PayPal(quickest method) at 1-888-221-1181. You may want to log into your account and then scroll down the page and click the contact us in order to recieve a Secure Web Pin (this help expidite the process).
2. While you're limited, you normally can't send money or withdraw your funds. You normally can still recieve additional funds as well as check your balance.
3. Until you're verified, I think the average amout you can recieve before having to be verfied is between $500-2,000.00
To get verified instantly, link your bank account (Major Checking/Saving Institution's like Bank of America or Wells Fargo) or Apply for the PayPal Extra's Master Card.
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Edit: Wait..I dont think the limit for spending is $10,000 USD, and withdrawing is $500
But I dont think there is a limit for recieving is there?
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Try going to the tab "send money" from there you will see your current spending limit which is generally equal to your recieveal limit before you must be Verfied. You may be unable to view that page if your account is still limited.
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No im not limited, Im trying to find ways to prevent myself from being limited cause I dont want anything to happen to my funds that are comming.
Edit: Amount (Sending Limit: (?) $9,564.43 USD
thats what it says under send, so that is my recieving limit before being limited?
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Likely yes. Note if you're receiving payments in this fashion e.g. The buyer went to send money and selected goods under the Purchase section you maybe required to provide a tracking number if any. Also note PayPal will "randomly" claim to limit your account if you've started to receive excess or numerous payments on a irregular basis and/or if you've changed your Website address(if you had one) or other information pertaining to your business. PayPal refers to this as "generating an account review".

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